According to the State Bank of Vietnam (SBV), by the end of May 2023, the economy's credit reached over VND 12.3 quadrillion, an increase of about 3.17% compared to the...
Government bonds prospered again in the first five months of the year.
All major banks have slashed their deposit interest rates across all terms following the rate cut by the State Bank of Việt Nam (SBV) earlier this week.
According to analysts, in order to promote bank loan demand, commercial banks must be more open and flexible, while ministries, sectors, and localities must work...
Low credit growth has made large banks curb capital mobilisation and implement solutions for attracting borrowers.
Banks will have to exercise caution to ensure stable liquidity when trillions of Vietnamese dong in savings deposits reach their maturity dates over the next few months,...
Deputy Governor of the State Bank of Vietnam (SBV) Phạm Tiến Dũng said accessing the national population database will help banks to check and authenticate new customer...
According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%,...
Soon after the article " Decoding the "Enigma" of Banks ” was published, Saigon Investment received many comments that now require an appropriate response.
At a time when most businesses are facing serious losses, with some even in dire situations and having to sell off much of their assets, banks continue to announce...
By early May, commercial banks have started to reduce deposit interest rates. With this the average deposit interest rate that had peaked in January at 9 percent per...
It is much more difficult for banks to attract cheap capital from non-term deposits, or current account savings account (CASA), in the context of high interest rates on...
Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.
Data from the State Bank of Vietnam (SBV) showed by the end of 2022, the charter capital of the whole banking system reached VNĐ876.99 trillion, up 13.04 per cent over...
The banking system still has to mainly provide capital for the whole economy as the country’s capital market is still inadequate
Banks in Vietnam are now very keen to tie up with financially strong foreign partners to increase their capital, especially in the current situation where capital flow...
In April, many big names in the sector announced changes to their Boards of Directors.
Banks are cautious about growth for 2023 when preparing business plans to submit to their annual general meetings of shareholders (AGM) this month.
According to the Vietnam Chamber of Trade and Industry (VCCI), the credit growth limitation is one of the most influential policies in the banking system of Vietnam, but...
Banks are maintaining a cautious approach in dealing with the current crisis in the real estate market.
Documents prepared for the upcoming AGMs show some banks are cautious about profit targets set for this year.
The race to lure demand deposits, or current account savings account (CASA), among banks seems to be decelerating as it is more difficult for them to attract the cheap...
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